Health insurance companies pledge to speed up authorization process
Maddie BiertempfelCBS - 9 WNCT
WASHINGTON (NEXSTAR) - Major health insurance companies, representing about 75% of covered Americans, are pledging to speed up the "prior authorization" process, Dr. Mehmet Oz announced Monday.
"It frustrates doctors, it sometimes results in care that is significantly delayed, it erodes public trust in the health care system," Dr. Oz said.
That process happens when health care providers request approval from insurers before providing care. Oz, who oversees Medicare and Medicaid, says it's an administrative burden.
"Each week on average a physician handles about 40 of these preauthorization issues and requests and spends about 12 hours a week on paperwork," Oz said.
Doctors who double as lawmakers joined the announcement.
Kansas Sen. Roger Marshall shared a story of a patient who took time off work for a surgery: "only to be told the morning of her procedure that the insurance company had added another step to the prior authorization and canceled surgery."
Health and Human Services Secretary Robert F. Kennedy Jr. says insurers will now limit which claims require pre-authorization.
"The cost of administration is enormous to our healthcare system, and we're going to be able to eliminate a lot of those costs," Secretary Kennedy said.
Oz says they've also agreed to be more transparent.
"Public dashboards are going to reveal to you and to patients what's going on," Oz said.
North Carolina Congressman Greg Murphy, who is also a urologist, says getting insurers to come to the table is a good step, but time will tell whether it works.
"We're going to hold them to the fire continually to make sure they're doing what they're saying they're going to do," Murphy said.
Among the insurers who signed the pledge: UnitedHealthcare, Aetna, Cigna and more.
How major US stock indexes fared Tuesday, 6/24/2025
Findings on Investment Reported by Investigators at American University (Central Bank Mandates and Monetary Policy Stances: Through the Lens of Federal Reserve Speeches): Investment
Advisor News
- Semi-retirement: helping clients balance flexibility with financial security
- The 6X Formula for leveraging content marketing with AI
- When a home becomes difficult to insure, the plan changes
- The inheritance gap: Helping clients plan for money that hasn’t arrived
- After the midterms: Addressing your clients’ tax concerns
More Advisor NewsAnnuity News
- Athene CEO criticizes offshore reinsurance, risk-taking by competitors
- DOL, trade groups, state AGs file briefs supporting Alcoa in PRT lawsuit
- John Hancock launches new fixed indexed annuity suite
- Annuities to play a larger role in workplace retirement plans
- FHLBank Pittsburgh Announces Results in 2026 Board Election
More Annuity NewsHealth/Employee Benefits News
- SENS. OSSOFF CONTINUING PUSH TO BAN HEALTH INSURANCE COMPANIES FROM DENYING OR DELAYING NEEDED HEALTH CARE
- Reed: Can this father be appointed child's guardian?
- Data on Managed Care Described by Researchers at Johns Hopkins University (Locating the Gender Payment Gap Among Recent Cardiothoracic Surgery Graduates: A Bottom-up Analysis of Medicare Payments): Managed Care
- Medicare Advantage stays in Coos, Carroll counties after Ayotte recruits insurer
- iA Financial Group Increases Core ROE†† Target¹ to 18.5%+ in 2028
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Fubon Insurance Vietnam Co., Ltd.
- Three lawsuits put life insurers’ cost-of-insurance practices under scrutiny
- Military Briefs: November 12-18
- Security Benefit Series B Preferred Stock Dividend Rate Resets to 10.286%
- FHLBank Pittsburgh Announces Results in 2026 Board Election
More Life Insurance News